Wholesale, retail trade, restaurants and hotels in Africa
Trade of Africa, 1970-2015
During 1970-2015 trade of Africa in current prices rose by 313.9 billion US dollars (in 24.5 times) to 327.2 billion US dollars; change occurred by 30.0 billion US dollars by increasing of people by 819.3 million, as well as by 283.9 billion US dollars by increasing of trade per capita by 239.8 US dollars. The average annual growth of trade of Africa was 7.0 billion US dollars or 7.4%. The average annual growth of trade of Africa in constant prices was 4.1%. Share in the world grew by 0.34%. Minimal trade was in 1970 (13.3 billion US dollars). Maximal trade was in 2014 (346.8 billion US dollars).
During 1970-2015 trade per capita in Africa rose by 239.8 US dollars (in 7.6 times) to 276.3 US dollars. The average annual growth of trade per capita in current prices was 5.3 US dollars or 4.6%.
Change of trade of Africa described by linear regression model: y=5.9x-11 706.2, where y - estimated value of trade of Africa, x - year. Correlation rate = 0.865. Determination rate = 0.748.
Trade of Africa, 1970
Trade of Africa in 1970 was 13.3 billion US dollars. Share of Africa in the world trade was 2.9%.
Trade per capita in Africa in 1970 was worth 36.6 US dollars. Trade per capita in Africa was less than trade per capita in the World (123.7 US dollars) by 87.1 US dollars.
Trade of Africa, 2015
Trade of Africa in 2015 was worth 327.2 billion US dollars. Share of Africa in the world trade was 3.3%.
Trade per capita in Africa in 2015 was equal to 276.3 US dollars. Trade per capita in Africa was less than trade per capita in the World (1 360.4 US dollars) by 1 084.0 US dollars.
Size of trade in Africa
Growth of trade in Africa
trade per capita in Africa
Rating of trade in Africa
|#||Area||bln. US dollars||%|
|16||D.R. of the Congo||3.9||1.2|
|46||Central African Republic||0.25||0.077|
|54||Sao Tome and Principe||0.10||0.031|
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